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Marketing for the new millennium
1. Terry Meisenbach (Amy Hays, Anne Adrian, Karen Jeannette, Mike Lambur) National eXtension CoP Workshop Austin TX June 8, 2010 Marketing for the New Millennium
3. Then vs. Now Broadcast Tools were fairly constant (Magazines, Newspapers, TV, Radio, etc.) Communities were geographically-based Niche & Engagement Tools will not stay constant Communities will change and shift
4. A Quiz Name your product Name one person you know who uses your product Describe this person in one sentence . How did this person learn about your product?
6. Social media has overtaken pornography as the #1 activity on the web
7. We don’t have a choice on whether we DO social media, the question is how well we DO it.—Erik Qualman, Socialnomics
8. Environmental Scan More than 400 million active FB users 50% active users log onto FB daily People spend over 500 BILLION minutes per month on FB Average FB user has 130 friends 70% of FB users are outside the U.S.
9. Social Media Marketing & The Differences You can buy attention (advertising) You can beg for attention from the media (PR) You can bug people one at a time to get attention (sales) Or you can earn attention by creating something interesting and valuable and then publishing it online for free: a YouTube video, a blog, a research report, photos, a Twitter stream, an ebook, a Facebook page.
11. A Quiz Describe in one sentence a person you don’t know who should use your product Where does the person you just described learn about your product? Discuss the differences
13. Rules of the Rave Nobody cares about your products (except you) -create something interesting No coercion required-something worth sharing Lose control of your content-Totally free and freely sharable Put down roots-join communities Create triggers that encourage people to share-share successes Point the world to your (virtual) doorstep-online buzz
14. Generate a Rave Have fun-people want to interact with people they like Join-have everyone in your CoP create personal profiles Participate-be an online thought leader-create and host a group Be available-encourage people to contact you; create links so people can get your online content Experiment-great online playgrounds Target-target a niche market
15. Social media must be an integrated part of the marketing mix—not a silo where only the millennial generation are allowed to work.
16. The point of social media, just like television, just like radio, is not the technology. Technology will change—quickly.
17. People participate in social media not to experience cool technology, but to build connections and relationships.—Elizabeth Gregory North, Texas AgriLife Extension
18. Are Baby Boomers The Unicorn In Social Media? 35-40 Million still reachable!!!
19. Integrate RSS feeds and widgets—putting info where you need it (and want it) Use multiple networks—Use blogs, Twitter, Facebook, Flicker, YouTube, and more together
23. Marketing can be (should be) done by everyone—Anne Adrian, eXtension
24. A Quiz Describe the last thing you purchased costing more than $100. Where did you purchase it? Where did you research it? Who helped in your decision making process? Why?
25. Environmental Scan Women (53%) outnumber men (47%) on Twitter 5% of users account for 75% of Twitter activity 50 million tweets per day 65% of all Twitter users are under 25
26. A Quiz Think back to the last book you purchased/checked out from library, movie you rented/saw… Why did you make that choice? Who influences such decisions? Why?
27. Road Rules Don’t Twitter a million messages because you can Give followers relevant information Post to Facebook remembering that many users log on in the morning and evening Give people a chance to like or comment—timing.
28. Environmental Scan 55.9% of all website referrals go to a social network, entertainment website, or blog Over 50% of the world’s population is under 30 6 in 10 of Americans get some news online in a typical day
29. Road Rules Find out how FB uses via & Twitter uses retweets and @ tags Give credit and share your good information finds Create a network by how you use the tools
30. Environmental Scan 69% of online adults have used the internet to watch or download video, with 18-29 year-olds leading the way. Educational videos, rising in viewership from 22% to 38% of adult internet users Uploaders are just as likely to share video on social networking sites like Facebook (52% do this) as they are on more specialized video-sharing sites like YouTube (49% do this).
32. in some basic ways is a lot like marketing in the old millennium
33. The essence of strategy is choosing what not to do. – Michael Porter, Institute for Strategy and Competitiveness
34. Environmental Scan About 57 percent of adult internet users in the United States said they have entered their name into a search engine to assess their digital reputation When compared with older users young adults are more likely to restrict what they share and with whom they share it.
37. Customers buy for their reasons, not yours. – Orvel Ray Wilson, Guerilla Selling
38. When you say "New Millennium" it brings to mind understanding our younger audiences and how we must adjust the way we reach out to them. They want information in different ways. They are more cynical and aware when they are being pitched—Suzanne Steel, Ohio State
39. Communication Goals Reach people Create awareness Change practices Improve knowledge Get money Motivate to… Engage
40. Key Messages Who are you What makes you relevant What makes you different Why should anyone pay attention What do you do/what don’t you do Specific things you want to accomplish
41. Channels & Tools Social media Facebook Twitter Blogs Search Engine Optimization E-mail newsletters Traditional channels
42. I think we in marketing understand many in our organizations should have access to our social media accounts, be active in social media but if there are no agreed-upon goals, no planning, no coordinator, then the effort can be spastic and yet consume a lot of floundering-around time. –Lynette Spicer, eXtension
43. Marketing Your CoP Wrangle a communications/marketing expert Develop a realistic/practical but comprehensive communications plan Think outside the box Look for opportunities Set aside some dollars for marketing
44. Takeaways Social media MUST be in your marketing mix EVERYONE must do marketing Know YOUR audience Marketing for the NEW millennium is the similar as marketing for the OLD millennium Get a professional involved!
45. References World Wide Rave: Creating Triggers that Get Millions of People to Spread Your Ideas and Share Your Stories, David Meerman Scott Socialnomics: how social media transforms the way we live and do business, Erik Qualman
46. References Social Media Marketing GPS: A Guide to Social Media 1 Tweet at a Time, Toby Bloomberg The Whuffie Factor: Using the Power of Social Networks to Build Your Business, Tara Hunt